Investor Presentaiton

How is WFP Different From its Public Lumber Peers 1 Pure play lumber and log, specialty company 2 3 4 WFP Cedar and specialty products focused with commodity lumber component - - Peers focused on commodity lumber with some specialty products Significantly higher average product pricing versus commodity lumber peers No mountain pine beetle impacted fibre No historical rail or truck transportation issues; ocean going advantage - WFP uses the BNSF railway line to ship products 26

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